| Positions | Today | Yesterday | % Change | |
| Longs | 31% | 28% | 9.68% | |
| Shorts | 69% | 72% | -4.35% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Neutral | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇒ | ⇘ | |
Upside risks dominated the market on Friday and thus sent the single European currency to surge against the Japanese Yen. This moves resulted in the pair to breached the 55– and 100-hour SMAs.
The upside momentum continued during the morning hours of Monday's trading session. However, the EUR/JPY exchange rate was unable to surpass the 130.27 mark which is the weekly pivot point.
The overall market sentiment is bullish; therefore, the currency exchange rate could reverse north before the end of today's session. Meanwhile, technical indicators support bulls to continue their dominance within the next 24hrs.